Can a user of ISO's ILFs extend their risk load formula above the highest policy limit provided by ISO ($10 million)? I'm guessing not based on the below excerpt from ISO which seems to be under the assumption that 100% of the policies write limits less than or equal to $10M.
"ISO’s risk load formulas use a parameter, lambda, which governs the total amount of risk load over all policy limits for (non-professional) commercial liability tables.
"ISO’s risk load formulas use a parameter, lambda, which governs the total amount of risk load over all policy limits for (non-professional) commercial liability tables.
ISO Risk Load
